For Sale
$2,400,000

1634 London BlvdPortsmouth, VA 23704

21,423 SF, Class A, Single-Tenant Lease

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Class A medical office building, located at 1634 London Blvd in Portsmouth, Virginia, presents a compelling investment opportunity. The single-story, 21,423-square-foot building, constructed in 1972 and extensively renovated in 2004, sits on a generous 3.5-acre lot adjacent to a tidal creek. The property features a large conference area, numerous individual offices, and four bathrooms, all designed to accommodate the needs of a medical practice. Currently leased until 2024, this investment offers immediate income potential. The building is conveniently handicap accessible, with no steps at the entrance. Situated within the GMU zoning district, this property benefits from its location and the absence of flood zone concerns. The all-brick construction ensures durability and low maintenance. This is a rare opportunity to acquire a well-maintained, income-producing medical office building in a desirable location. The property's size and features make it ideal for a variety of medical uses. The substantial lot size offers ample parking and potential for future expansion. This turnkey investment is ready for a discerning buyer seeking a stable and profitable addition to their portfolio.

Highlights

  • $2,400,000 asking price for this Class A medical office building.
  • 21,423 square feet on a 3.5-acre lot in Portsmouth, VA.
  • Single-tenant, 1-story building built in 1972 and renovated in 2004.
  • Located at 1634 London Blvd, Portsmouth, VA 23704.
  • Broker co-op available.

Property Details for 1634 London Blvd

Property type
Office properties, Medical offices
Square Feet
21,423 SF
Class
A
Year Built/Renovated
1972/2004
Buildings
1
Stories
1
Lot Size (sq. ft)
152,460 SF
Units
1

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.838515968951
Longitude
-76.320039329661
1634 London Blvd, Portsmouth, Virginia

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1634 London Blvd
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